Predictive Modeling Applications in Actuarial Science

Predictive Modeling Applications in Actuarial Science PDF Author: Edward W. Frees
Publisher: Cambridge University Press
ISBN: 1107029872
Category : Business & Economics
Languages : en
Pages : 565

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Book Description
This book is for actuaries and financial analysts developing their expertise in statistics and who wish to become familiar with concrete examples of predictive modeling.

Predictive Modeling Applications in Actuarial Science

Predictive Modeling Applications in Actuarial Science PDF Author: Edward W. Frees
Publisher: Cambridge University Press
ISBN: 1107029872
Category : Business & Economics
Languages : en
Pages : 565

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Book Description
This book is for actuaries and financial analysts developing their expertise in statistics and who wish to become familiar with concrete examples of predictive modeling.

Solutions Manual for Actuarial Mathematics for Life Contingent Risks

Solutions Manual for Actuarial Mathematics for Life Contingent Risks PDF Author: David C. M. Dickson
Publisher: Cambridge University Press
ISBN: 1107608449
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
"This manual presents solutions to all exercises from Actuarial Mathematics for Life Contingent Risks (AMLCR) by David C.M. Dickson, Mary R. Hardy, Howard Waters; Cambridge University Press, 2009. ISBN 9780521118255"--Pref.

Predictive Modeling Applications in Actuarial Science: Volume 2, Case Studies in Insurance

Predictive Modeling Applications in Actuarial Science: Volume 2, Case Studies in Insurance PDF Author: Edward W. Frees
Publisher: Cambridge University Press
ISBN: 1316720527
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
Predictive modeling uses data to forecast future events. It exploits relationships between explanatory variables and the predicted variables from past occurrences to predict future outcomes. Forecasting financial events is a core skill that actuaries routinely apply in insurance and other risk-management applications. Predictive Modeling Applications in Actuarial Science emphasizes life-long learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used to gain a competitive advantage in situations with complex data. Volume 2 examines applications of predictive modeling. Where Volume 1 developed the foundations of predictive modeling, Volume 2 explores practical uses for techniques, focusing on property and casualty insurance. Readers are exposed to a variety of techniques in concrete, real-life contexts that demonstrate their value and the overall value of predictive modeling, for seasoned practicing analysts as well as those just starting out.

Regression Modeling with Actuarial and Financial Applications

Regression Modeling with Actuarial and Financial Applications PDF Author: Edward W. Frees
Publisher: Cambridge University Press
ISBN: 0521760119
Category : Business & Economics
Languages : en
Pages : 585

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Book Description
This book teaches multiple regression and time series and how to use these to analyze real data in risk management and finance.

Modelling Mortality with Actuarial Applications

Modelling Mortality with Actuarial Applications PDF Author: Angus S. Macdonald
Publisher: Cambridge University Press
ISBN: 110704541X
Category : Business & Economics
Languages : en
Pages : 387

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Book Description
Modern mortality modelling for actuaries and actuarial students, with example R code, to unlock the potential of individual data.

Applied Predictive Modeling

Applied Predictive Modeling PDF Author: Max Kuhn
Publisher: Springer Science & Business Media
ISBN: 1461468493
Category : Medical
Languages : en
Pages : 595

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Book Description
Applied Predictive Modeling covers the overall predictive modeling process, beginning with the crucial steps of data preprocessing, data splitting and foundations of model tuning. The text then provides intuitive explanations of numerous common and modern regression and classification techniques, always with an emphasis on illustrating and solving real data problems. The text illustrates all parts of the modeling process through many hands-on, real-life examples, and every chapter contains extensive R code for each step of the process. This multi-purpose text can be used as an introduction to predictive models and the overall modeling process, a practitioner’s reference handbook, or as a text for advanced undergraduate or graduate level predictive modeling courses. To that end, each chapter contains problem sets to help solidify the covered concepts and uses data available in the book’s R package. This text is intended for a broad audience as both an introduction to predictive models as well as a guide to applying them. Non-mathematical readers will appreciate the intuitive explanations of the techniques while an emphasis on problem-solving with real data across a wide variety of applications will aid practitioners who wish to extend their expertise. Readers should have knowledge of basic statistical ideas, such as correlation and linear regression analysis. While the text is biased against complex equations, a mathematical background is needed for advanced topics.

Generalized Linear Models for Insurance Data

Generalized Linear Models for Insurance Data PDF Author: Piet de Jong
Publisher: Cambridge University Press
ISBN: 1139470477
Category : Business & Economics
Languages : en
Pages : 207

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Book Description
This is the only book actuaries need to understand generalized linear models (GLMs) for insurance applications. GLMs are used in the insurance industry to support critical decisions. Until now, no text has introduced GLMs in this context or addressed the problems specific to insurance data. Using insurance data sets, this practical, rigorous book treats GLMs, covers all standard exponential family distributions, extends the methodology to correlated data structures, and discusses recent developments which go beyond the GLM. The issues in the book are specific to insurance data, such as model selection in the presence of large data sets and the handling of varying exposure times. Exercises and data-based practicals help readers to consolidate their skills, with solutions and data sets given on the companion website. Although the book is package-independent, SAS code and output examples feature in an appendix and on the website. In addition, R code and output for all the examples are provided on the website.

Computational Actuarial Science with R

Computational Actuarial Science with R PDF Author: Arthur Charpentier
Publisher: CRC Press
ISBN: 1498759823
Category : Business & Economics
Languages : en
Pages : 652

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Book Description
A Hands-On Approach to Understanding and Using Actuarial ModelsComputational Actuarial Science with R provides an introduction to the computational aspects of actuarial science. Using simple R code, the book helps you understand the algorithms involved in actuarial computations. It also covers more advanced topics, such as parallel computing and C/

Healthcare Risk Adjustment and Predictive Modeling

Healthcare Risk Adjustment and Predictive Modeling PDF Author: Ian G. Duncan
Publisher: ACTEX Publications
ISBN: 1566987695
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
This text is listed on the Course of Reading for SOA Fellowship study in the Group & Health specialty track. Healthcare Risk Adjustment and Predictive Modeling provides a comprehensive guide to healthcare actuaries and other professionals interested in healthcare data analytics, risk adjustment and predictive modeling. The book first introduces the topic with discussions of health risk, available data, clinical identification algorithms for diagnostic grouping and the use of grouper models. The second part of the book presents the concept of data mining and some of the common approaches used by modelers. The third and final section covers a number of predictive modeling and risk adjustment case-studies, with examples from Medicaid, Medicare, disability, depression diagnosis and provider reimbursement, as well as the use of predictive modeling and risk adjustment outside the U.S. For readers who wish to experiment with their own models, the book also provides access to a test dataset.

Health Insurance

Health Insurance PDF Author: Ermanno Pitacco
Publisher: Springer
ISBN: 3319122355
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
Health Insurance aims at filling a gap in actuarial literature, attempting to solve the frequent misunderstanding in regards to both the purpose and the contents of health insurance products (and ‘protection products’, more generally) on the one hand, and the relevant actuarial structures on the other. In order to cover the basic principles regarding health insurance techniques, the first few chapters in this book are mainly devoted to the need for health insurance and a description of insurance products in this area (sickness insurance, accident insurance, critical illness covers, income protection, long-term care insurance, health-related benefits as riders to life insurance policies). An introduction to general actuarial and risk-management issues follows. Basic actuarial models are presented for sickness insurance and income protection (i.e. disability annuities). Several numerical examples help the reader understand the main features of pricing and reserving in the health insurance area. A short introduction to actuarial models for long-term care insurance products is also provided. Advanced undergraduate and graduate students in actuarial sciences; graduate students in economics, business and finance; and professionals and technicians operating in insurance and pension areas will find this book of benefit.